Pulmatrix Q4 EPS $(0.57) Beats $(1.04) Estimate, Sales $2.20M Beat $1.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pulmatrix (NASDAQ:PULM) reported Q4 earnings with losses of $(0.57) per share, surpassing the $(1.04) estimate, and sales of $2.20M, beating the $1.77M estimate. This represents a significant improvement over the previous year.
March 29, 2024 | 3:27 am
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Pulmatrix reported Q4 earnings with better-than-expected losses and sales, indicating a strong performance improvement over the last year.
Pulmatrix's Q4 earnings report showing losses significantly narrower than expected and sales exceeding estimates is a positive signal for investors. The improvement over last year's performance could lead to increased investor confidence and a potential short-term uptick in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100